Choosing the wrong estate planning tool can cost your family time, money and privacy. Understanding how these two documents work in Missouri helps you make a more informed decision. What a will does A will is a legal document that names beneficiaries and directs how...
Estate Planning
3 reasons why you need to create your Missouri estate plan today
Many people have the misconception that estate planning is something only people with a lot of wealth and assets can do, but this is not true. You can create an estate plan if you want to pass down your belongings after you pass away. These plans outline all of your...
How a good estate plan protects your family
Most people think estate planning is just for the very rich or the very old. But for Missouri families, it's actually the most critical step you can take to protect the loved ones who depend on you. A strong plan ensures your family's future is secure, shielded from...
Can a trust protect my inheritance?
Yes, a trust may help protect your inheritance from creditors, legal claims and poor financial decisions. In Missouri, trusts provide legal tools that can preserve assets and control their use. If you’ve received an inheritance, understanding how trusts work can help...
Are Your Digital Assets Protected in Your Estate Plan?
In today’s digital age, much of our life can be found online. We do everything from banking, running our businesses, reading, building relationships, connecting with friends and investing online. We even save our most precious memories in the cloud. Given the wide...
4 ways to update your estate plan after a divorce
Divorce is more than the end of a matrimonial union; it’s also the beginning of a major legal and financial reset. While most people focus on dividing assets and settling custody agreements, one area that’s often overlooked during this transition is estate planning. ...
5 common estate planning pitfalls
Those who take the time to put together an estate plan are already a step ahead of most families. Recent estimates show most Americans do not have an estate plan. The number of those who have created these documents ranges from 25% to 33%. Although having a plan in...
The process of appointing a guardian in Missouri
It is possible to appoint a guardian for a minor in your will. You may also be able to appoint a guardian for an adult who is mentally incapacitated. However, if you die intestate without a will, a Missouri judge needs to decide who will take care of your child,...
The tricky aspect of power of attorney and beneficiaries
Many wish to set up a solid future for themselves and their next of kin. While that may be a common sentiment, when it becomes a serious conversation, estate planning often gets involved. Estate planning can require serious thought and careful consideration. After...